New Delhi, July 23 -- IndusInd Bank share price fell over 4% in early trade on Thursday after the private sector lender reported its Q1 results. IndusInd Bank shares declined as much as 4.7% to Rs.1,019.65 apiece on the BSE.

IndusInd Bank reported 47% year-on-year (YoY) jump in standalone net profit to Rs.1,003 crore for the fiscal first quarter ended June 2026, supported by fall in provisions.

The bank's Net Interest Income (NII) in Q1FY27 rose 1% to Rs.4,685 crore from Rs.4,640 crore, YoY, while net interest margin (NIM) improved to 3.57% from 3.46%, YoY.

Yield on assets stood at 8.62% as compared with 9.15% in the year-ago period, while cost of funds improved to 5.05% from 5.69% in the corresponding period last year.

At 9:25 AM, In...